InvestSMART

Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.007 -0.001 (-7.14%)+
Release
16 Sep 2026 8:44AM
Price at Release
$0.007
Full Release
download
Summary
Livium Ltd (ASX: LIT) announced the successful completion of its Share Purchase Plan (SPP), originally announced on 30 July 2026, under which eligible shareholders could apply for up to A$30,000 of new fully paid ordinary shares; the Company received valid applications totalling A$794,280 and will issue 96,863,527 new shares, with the Livium Board collectively subscribing for A$80,000. The new shares are expected to be issued on Friday, 18 September 2026, begin trading on the ASX on Monday, 21 September 2026, and have holding statements despatched on Wednesday, 23 September 2026, with all new shares ranking equally with existing shares from the issue date. The announcement also notes Livium’s position as Australia’s leading battery recycler through Envirostream and its expansion into rare earth, solar panel recycling and black mass processing.
Key Points
  • Livium Ltd announced the successful completion of its Share Purchase Plan.
  • The SPP was originally announced on 30 July 2026.
  • Eligible shareholders were able to apply for up to A$30,000 of new fully paid ordinary shares.
  • Valid applications under the SPP totalled A$794,280.
  • A total of 96,863,527 new shares will be issued under the SPP.
  • Livium’s Board of Directors collectively applied for A$80,000 under the offer.
  • New shares are expected to be issued on 18 September 2026.
  • The new shares are expected to commence trading on the ASX on 21 September 2026.
  • Holding statements are expected to be despatched on 23 September 2026.
  • The new shares will rank equally with Livium’s existing shares from the issue date.
  • Livium described itself as Australia’s leading battery recycler through its wholly owned subsidiary Envirostream.
  • The Company is expanding into rare earth recycling, solar panel recycling and black mass processing.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.